BitCapJNY

BEARISH THINGS

BYBIT:BTCUSD   None
HoLa

Hope everyone is having a great evening.

Looks like we have some downward movement expected in the next couple of hours as we make our way down to touch the 200MA.

There will be some decent volatility on the way down if you're into trading lower time frames. Over these last few days, the 50 and 200MA have been pretty accurate support and resistance -I will continue to reference these until I see the next big move coming.

Personally -Shorting BTC in this market isn't something i will be doing. I will be looking for LONG patterns and INDICATIONS here -taking profit at the tops. I'll be sure to post anything I find that's significant (5% or more).

What are you guys seeing?

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